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Equity
9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
EQUITY
NOTE 5:-EQUITY

 

The following table summarizes the activity of stock options:

 

   Shares Subject to Options Outstanding 
 Description Number of 
Shares
  Weighted Average Exercise Price  Weighted- 
Average 
Remaining 
Contractual 
Term
(in years)
  Aggregate Intrinsic Value(1) 
 Outstanding as of December 31, 2013  326,324   6.25   9.15  $- 
 Granted  -   -   -   - 
 Expired  43,505   5.29   -   - 
 Forfeited/cancelled  165,319   5.29   -  $- 
                  
 Outstanding as of September 30, 2014  117,500   7.96   8.11  $- 
                  
 Exercisable as of September 30, 2014  74,525   8.45   7.83  $- 
                  
 Vested and expected to be vested  117,500   7.96   8.11  $- 

 

(1)The aggregate intrinsic value is calculated as the difference between the exercise price of the stock options and the closing price of the shares of the Company’s Common Stock of $1.01 as of September 30, 2014.

 

As of September 30, 2014, there was $39 of unrecognized stock-based compensation expense all of which is related to stock options. This unrecognized compensation expense, expected to be recognized over a weighted-average period of approximately 0.67 years.